Managing the Financial Side of Commercial Fleets

Clean Energy to Supply AT&T with CNG Stations

SEAL BEACH, CA- Clean Energy Fuels Corp. has contracted with AT&T to supply compressed natural gas (CNG) fueling stations to support AT&T in its current commitment to deploy up to 8,000 CNG fleet vehicles nationwide. As part of a multi-year master agreement, Clean Energy will build, operate, and supply CNG stations for AT&T's use.

AT&T announced plans in March 2009 to invest up to $565 million as part of a long-term strategy to deploy more than 15,000 alternative-fuel vehicles through 2018. AT&T expects to spend an estimated $350 million of that amount over five years to purchase about 8,000 CNG vehicles. This represents the largest corporate commitment to CNG vehicles to date.

"This action by AT&T is a giant step forward by American business to address the new energy needs of our nation, particularly for deploying natural gas vehicles to help reduce imports of foreign oil and clean our environment," said James Harger, Clean Energy chief marketing officer and senior vice president. "Clean Energy stands ready to support this and other fleet commitments to natural gas fuel with advanced fueling infrastructure and services around the country."

Jerome Webber, AT&T vice president, Fleet Operations, said, "Clean-burning, natural gas fuel not only makes good sense for the environment; it makes good business sense as well. CNG provides a strong economic advantage compared to gasoline and diesel powered-vehicles."